Does Home Ownership matter?

Today I received my Housing Trends eNewsletter and found this blurb very interesting....

"Home Ownership matters…to people, to communities, and to America. Why? • For every two homes sold, one job is created in the U.S. • Each purchase generates as much as $60,000 in economic activity over time."

So off I go to read the Houselogic article for details.

Listed are several pluses of ownership that I have always agreed with.

1. Net worth
2. Community participation
3. Quality of Life

There is also the stat about job creation and economic stimulus for each home sold. I have thought for a few years now, since the housing bust that until we can fix the housing market we are in for a very slow recovery. There were times in my childhood that my family was homeless, so I guess that has also shaped my view on home ownership. Owning a home in one of my top priorities.